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Ford is the fastest-growing auto brand in Saudi Arabia ahead of upcoming overseas EV push

Baua Electric

Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in Saudi Arabia. Ford sees sales surge in Saudi Arabia with EVs en route More people are buying Ford’s vehicles in The Middle East than ever. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia.

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Could McLaren go all-electric? UAE fund agrees to purchase 100% of the auto business to accelerate its growth

Baua Electric

An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group. This past April, Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, wholly acquired McLaren Automotive and the McLaren Racing Formula One team.

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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain. However worries concerning the battery-powered automobiles’ efficiency within the Qatari summers cruel they’re not really to buy one any day quickly. Chery Car Co.